(Guest Post by Matthew Ladner)
Arizona Governor Jan Brewer signed the first new private choice program of 2012 into law today. The new law will create a new individual tax credit the same size as the current one ($500 for an individual and $1000 per couple) that will operate under the rules of Arizona’s corporate tax credit (i.e. means tested and aimed at students transferring from public schools). Individual taxpayers will be able to make donations under both credits each year. Arizona lawmakers are also considering an expansion of eligibility of the Education Savings Account program to students attending low rated schools.
Governor Jindal is gearing up for what sounds like a broad choice program. Florida lawmakers are considering an increase in their tax credit program, Virginia has a chance to join the ranks of choice states.
After the 2011 blowout, perhaps Greg’s original bet with Jay Mathews would make for a high but obtainable bar for a good year for private choice in 2012. Greg’s bet is to legislative monitoring what the NCAA tournament is the college basketball.